Bolivia Considers USDT Integration Into National Payment System
Bolivia is evaluating the use of Tether's USDT stablecoin alongside the boliviano and US dollar in its payment infrastructure amid ongoing dollar shortages
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Latest updates, press releases, and insights from the volatile world of digital assets.
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Strategy Boosts Cash Reserves to $3 Billion, Holds Bitcoin Stack Steady
Strategy raised $467 million through share sales last week, pushing its dollar reserves to $3 billion while keeping its 843,775 BTC holdings unchanged amid ongoing dividend obligations
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Saylor’s Orange Dot Post Leaves Strategy Bitcoin Move Unclear
Strategy Executive Chairman Michael Saylor shared the company’s Bitcoin acquisition chart with the note that orange dots tell only part of the story, days after the firm sold BTC worth $216 million
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Stablecoin Market Shrinks by $10 Billion in Sharpest Drop Since Terra Collapse
The stablecoin market cap fell roughly $10 billion from its May peak, with a $7.7 billion decline in June alone marking the largest monthly drop since the 2022 Terra event, though the overall contraction stands at just 3 percent
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IMF Examines Stablecoins in Fixed Exchange Rate Systems
Stablecoins tied to the US dollar can improve access to foreign currency in economies with managed exchange rates, yet new IMF research points to increased risks of rapid currency outflows during periods of stress
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Housing Bill with CBDC Ban Becomes Law Without Trump Signature
The 21st Century ROAD to Housing Act, containing a four-year prohibition on the Federal Reserve issuing a central bank digital currency, has taken effect automatically after President Trump declined to sign it
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Sony Bank Gains Conditional OCC Approval for US Stablecoin Trust Bank
Sony Bank has received conditional approval from the US Office of the Comptroller of the Currency to set up Connectia Trust, a national trust bank subsidiary aimed at issuing a dollar-backed stablecoin, with operations targeted for 2027
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BIS Warns $316 Billion Stablecoin Market Threatens Global Monetary System
The Bank for International Settlements has raised concerns over the expanding stablecoin sector, citing risks to monetary control and financial structure in its latest Annual Economic Report
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Circle and Nomura Partner for Instant USDC FX Settlement in Japan
Circle and Nomura plan to launch a USDC-based service for Japanese firms by 2027, enabling faster yen-to-dollar stablecoin conversions for cross-border payments and foreign exchange settlements
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Ripple's RLUSD Stablecoin Goes Live in Japan After JFSA Approval
Ripple has launched its USD-pegged stablecoin RLUSD in Japan through a partnership with SBI VC Trade, following approval from the Japan Financial Services Agency as a regulated electronic payment instrument
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